|
<br />City of Elk River
<br />Government Building Reserve
<br />2018 2019 2020 2021 2022 2023
<br />Estimate Estimate Estimate Estimate Estimate Estimate
<br />Cash Balance - Beginning $2,249,767 $2,300,408 $2,329,683 $2,783,308 $3,527,383 $4,283,058
<br />Revenues:
<br />Landfill Host Fee 1,120,000 1,120,000 1,120,000 1,120,000 1,120,000 1,120,000
<br />Bond Proceeds - - 4,000,000 5,000,000 - -
<br />Interest earnings 35,000 46,000 47,000 56,000 71,000 86,000
<br /> Total Revenues 1,155,000 1,166,000 5,167,000 6,176,000 1,191,000 1,206,000
<br />Expenditures:
<br />Ice Arena - Design 380,096 - - - - -
<br />City hall - Carpet replacement - 150,000 - - - -
<br />City hall - Energy mgmt. system upgrade - - 50,000 - - -
<br />Facility condition assessment 31,983 - - - - -
<br />Security system upgrade - 40,000 - - - -
<br />Public Safety building - 2nd floor buildout - - 1,000,000 - - -
<br />Public Safety building - additional garage space 200,000 2,000,000 - - -
<br />Fire Station Master Facility Study 1,086 - - - - -
<br />Fire Station #1 - Garage floor - 24,000 - - - -
<br />Fire Station #1 - Kitchen upgrade/remodel - 48,000 - - - -
<br />Fire Station #2 - Expansion - 90,000 1,000,000 - - -
<br />Fire Station #3 - - 230,000 5,000,000 - -
<br />Miscellaneous projects 4,719 - - - - -
<br />Debt Service
<br /> 2010A Public Safety Bldg Bonds 250,000 150,000 - - - -
<br /> 2012A PW Building Bonds - 02/21 call 436,475 434,725 433,375 431,925 435,325 433,575
<br /> Total Expenditures 1,104,359 1,136,725 4,713,375 5,431,925 435,325 433,575
<br />Revenues over/(under) Expenditures 50,641 29,275 453,625 744,075 755,675 772,425
<br />Cash Balance - Ending $2,300,408 $2,329,683 $2,783,308 $3,527,383 $4,283,058 $5,055,483
|